IT Home reported on November 13 that GAC Group stated on the investor interactive platform on November 11 that batteries and electric drives are the core components of new energy vehicles and are important components of the competitiveness of new energy vehicle products.

IT Home reported on November 13 that GAC Group stated on the investor interactive platform on November 11 that batteries and electric drives are the core components of new energy vehicles and are important components of the competitiveness of new energy vehicle products. The new energy vehicle market has entered a period of rapid growth, and the demand for batteries and electric drives by Aian pure electric vehicle models and Trumpchi hybrid models is increasing significantly.

According to reports, GAC Group has been building a battery and electric drive research and development system for many years, and currently has an industrial foundation. Therefore, the board of directors of GAC Group reviewed and passed the resolution to establish an electric drive company and a battery company in August this year. has been officially established and strives to start the factory construction of before the end of this year.

data shows that , GAC Group's annual production and sales target for 2022 is a year-on-year growth of 15% . GAC Group said that as of the end of October, the company achieved a total of 2.067 million and 2.037 million vehicles, with increasing by 26.3% and 20.8% year-on-year. The company is confident in achieving the production and sales growth targets for 2022.

IT Home learned that when talking about "when will the IPO process start in Aian", GAC Group said that Aian has completed a round A financing and will launch IPO at the right time. The company will promptly announce relevant progress in light of the progress and regulatory requirements.